Deutsche Bank tapped ECB for up to €10bn
The emergency funding was tapped despite the concerns of the outgoing chief executive that the move would be seen as a sign of weakness FT.com – European companies…
Funds take-up seen as hedge on eurozone
Several banks have used ECB’s three-year funds not to boost their group funding but to help ‘match-fund’ their liabilities with their assets FT.com – European companies…
Carrefour mothballs Planet revamp plan
French grocer to halt rollout of flagship new-style hypermarkets after spending €400m on 81 of 245 stores it planned to redesign FT.com – European companies…
Deutsche Post profits from growth of e-commerce
German logistics group saw a strong 2011 business performance fuelled by a boom in e-commerce and growth in emerging markets FT.com – European companies…
Generali agrees to sell Israeli unit
Shlomo Eliahu, one of Israel’s richest and prominent investors, will acquire the Italian insurance group’s 69.1% holding in Migdal for €835m FT.com – European companies…
Jain makes mark at Deutsche Bank
Two co-heads to be named at its investment bank in a move that marks the first major decision by incoming co-CEOs Anshu Jain FT.com – European companies…
Costa crew facing alleged settlement pressure
People who worked on board the cruise ship that sank in January are said to have felt pressure to accept quick cash settlements FT.com – European companies…
Adidas expects Olympics boost
German sporting goods manufacturer says earnings should increase by up to 15 per cent on the back of this summer’s Games in London FT.com – European companies…
Enders set to face Franco-German discord
Incoming EADS chief will be handed the task of sorting out the squabbling between Paris and Berlin over who holds sway at the Airbus parent FT.com – European companies…
Nama chief signals move to vendor finance
Brendan McDonagh says Irish agency may provide debt for every loan sale it makes this year amid a squeeze on property sector transactions FT.com – European companies…
